Rapid Flow Technologies

Founded 2015

Pittsburgh, United States 2-10 employees Seed Total: $50.00K IoT, Transportation

Rapid Flow Technologies is a transportation startup that aims to revolutionize traffic control using artificial intelligence. The company's flagship product, Surtrac, is an advanced adaptive traffic signal control system developed at Carnegie Mellon University. Since its founding in 2015, Rapid Flow Technologies has made significant strides in the industry and has attracted investments, with the latest being a $50.00K Seed Round led by MIR Ventures, Innovation Works, and Serguei Netessine in 09 November 2020. The company is headquartered in the United States and has already deployed Surtrac in cities like Pittsburgh, Atlanta, and Portland, Maine, with aims to reduce congestion, pollution, and improve safety in preparation for the multi-modal future of connected and autonomous vehicles. With its strong technological foundation and strategic partnerships, Rapid Flow Technologies is positioned for growth and continued impact in the transportation industry.

Funding Stage	Amount	Investors	Lead Investors	Date
Seed Round	$50.00K	3	MIR Ventures, Innovation Works +1	09 Nov 2020
Angel Round	Undisclosed	1	Wharton Alumni Angels	01 Jun 2019
Convertible Note	Undisclosed	1	Innovation Works	30 Jun 2017

Funding Stage

Amount

Investors

Lead Investors

Date

Seed Round

$50.00K

MIR Ventures, Innovation Works +1

09 Nov 2020

Angel Round

Undisclosed

Wharton Alumni Angels

01 Jun 2019

Convertible Note

Undisclosed

Innovation Works

30 Jun 2017

FAQ About Rapid Flow Technologies

Rapid Flow Technologies is improving peoples lives by using artificial intelligence to re-imagine traffic control. We are the creators of Surtrac the most advanced adaptive traffic signal control system on the market today. Surtrac was developed in the Robotics Institute at Carnegie Mellon Universi...

Rapid Flow Technologies was founded in 2015.

Rapid Flow Technologies is headquartered in Pittsburgh, United States.

Rapid Flow Technologies operates in IoT and Transportation. Its work centres on Intelligent Transportation Systems, Adaptive Traffic Signal Control, Urban Mobility and Connected Cities.

Rapid Flow Technologies has approximately 2-10 employees.

Rapid Flow Technologies has completed 3 funding rounds, raising a total of $50.00K. The latest funding stage is Seed.

Top alternatives and competitors to Rapid Flow Technologies include SOMOS Srl, ClearRoad, Platform Science, Edge Vision. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Rapid Flow Technologies and SOMOS Srl are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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FAQ About Rapid Flow Technologies